Coventry Group Limited · ASX:CYG
Coventry — Shareholder Meeting (October 2020)
12 slides from Coventry's shareholder meeting presentation, Oct 29, 2020
Slide 1: FY20 Annual General Meeting
For personal use only FY20 Annual General Meeting 29 October 2020 Delivering innovative industrial solutions and services ASX: CYG
Slide 2: Health, Safety and Wellbeing
For personal use only Health, Safety and Wellbeing The health, safety and wellbeing of our people is our number one priority • 13 Lost Time Injuries (LTI’s) for a total of 108 lost days in FY20. 3 LTI’s year We value the to date in FY21. health, safety and • 8 of the FY20 LTI’s were in newly acquire
Slide 3: Business Overview
For personal use only Business Overview We supply a range of fastening systems, industrial products and hydraulics, lubrication, fire suppression and refueling systems, cabinet hardware systems and other products. Trade Distribution (TD) Fluid Systems (FS) Comprises Konnect and Artia Comprises Coope
Slide 4: Corporate Snapshot
For personal use only Corporate Snapshot Key Market Metrics SHARE PRICE SHARES ON MARKET NET ASSETS 28 October 2020 ISSUE CAPITALISATION 30 Sep 2020 $ 0.965 90.0M $ 86.9M $ 104.1M We acknowledge the support of our substantial Shareholders 32.7% 9.5% 6.9% 5.0% ASX: CYG
Slide 5: FY20 Financial Highlights
For personal use only FY20 Financial Highlights Trading performance improved during FY20 • Trading performance improved during FY20 with the Group delivering underlying profitability growth for both EBITDA and EBIT. • Our best result for many years was achieved against the backdrop of the COVID-19 p
Slide 6: Our journey to profitable sustainable growth
For personal use only Our journey to profitable sustainable growth Sales growth EBITDA growth Net assets Investment Re-engagement Capital raised Stock availability People $42.6m Acquisitions Customers Cylinder repair benches Suppliers Acquisitions Facilities Torque Industries Oct 2018 Delivery fleet
Slide 7: Q1 FY21 Trading update
For personal use only Q1 FY21 Trading update Q1 FY21 Trading Trading performance continued to improve during Q1 FY21. update Sales for Q1 FY21 of $68.3m up 7.7% on the prior year. Fluid Systems (FS) sales Q1 FY21 up +12.7% on the prior year. Trade Distribution (TD) sales Q1 FY21 up +4.8% on the prio
Slide 8: Trade Distribution
For personal use only Trade Distribution Markets COVID-19 • Industrial – performing well • No Government JobKeeper support received in Australia • Commercial construction – performing well – expect some slow • Minimal impact from Melbourne lockdown down in calendar year 2021 • New Zealand Government
Slide 9: Fluid Systems
For personal use only Fluid Systems Markets COVID-19 • Mining resources • No Government JobKeeper support received • Iron Ore – performing very well and expected to stay solid • Minimal impact from COVID-19 • Coal – some softness in thermal coal market • Supply chain overseas and locally is being ma
Slide 10: Outlook
For personal use only Outlook With a positive start in Q1 FY21, the Group remains cautiously optimistic for the FY21 financial year • Despite COVID-19 uncertainty, the markets in which FS and TD operate are proving reasonably resilient. We expect some of these markets to benefit from further Governm
Slide 11: Disclaimer
For personal use only Disclaimer Reliance on third party information Forward looking statements The information and views expressed in this presentation were prepared by This presentation may include forward-looking statements. Although the Coventry Group Ltd (the Company) and may contain informatio
Slide 12: For personal use only
For personal use only ASX: CYG